Eur/Jpy

According to the analysis made upon the EURJPY chart today I do notice that a strong bearish trend is taking place based on the oscillator which is now at 0.714 area located below the balance level while at the same time the indicator is giving us a red signal which makes a strong indication that a bearish direction is taking place on the short term.
The moving average 5 on the chart giving us a down slope the top located at the price 147.51 could be considered a good stop loss for if there were sell orders indicated by the indicators we are using.
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The 3 fast EMAs is heading below the slow EMA on the chart of EURJPY to let me think that we are on a beginning of a bearish trend for the upcoming day and according to that sell positions are very welcomed .
The parabolic sar indicator by the way offers a downward signal as you can see it's dots shown above the candles of the price and also the MACD indicator perform another sell signal as you can see it moving below the level of zero and in additional to that the downward signal of CCi is clear as it located near the it's lower level .
I think you can agree with me that selling the pair is a winning trade as I think we are not facing bullish trend very soon .
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The price is located below the grey line 147.7 of the MBFX indicator on the EURJPY chart for today and when taking a look on vestro indicator it makes a bullish saturation on its last move to form a buy signal for the coming time.
According to this considering a bearish trend is strongly recommended till the vestro indicates another signal taking a sell trades will be my choice for this day targeting the support levels at 147.23 and 146.76 on a row while you can use your sop level at the area of the upcoming resistance at 147.99 http://bigimage.cz/photos/20141210141819493138395.gif

For today the daily opening was lower than it was yesterday that can make us to say that the down trend occurs.
On the EURJPY chart and according to the new data we can see a red down arrow above the price that indicates a bearish signal on the short term trades.
We can guess that the last opening was at 146 and it can be used as a take profit because it can act as a strong support which the price will face difficulties to break it and go down At last I prefer to use a trading system to enter the trades and we can wait to see a clear red line of the check indicator and at the exact moment trader indicator have to be red so that we can be assured that there is a bearish trend before opening the sell positions.
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---------- Post added at 09:58 AM ---------- Previous post was at 09:04 AM ----------

We can see that the price of the EURJPY chart we can see that the price is moving below the EMA indicator wave to make a bearish direction during the day.
Also the RSI indicator shows a sell signal which shows by the line going below the center line of 35.
This can be combined with the data from the Macd indicator that is shown by the green lines that going down to indicate that the market bears bulls are dominating on the market for now.
I think that you should think in going for bears until another buy until another above the wave of the EMA indicators .
http://bigimage.cz/photos/20141210141820284482962.gif

analysis for today 12 / 10 / 2014

EURJPY

Resistance : R1 147.88 R2 148.13 R3 148.33 R4 148.63
Support : S1 147.49 S2 147.24 S3 147.04 S4 146.74

Open : 148.10
High : 148.24
Low : 147.13
Range : 1.11 Pips
Running Price : 147.67

Strategy : SELL at the level 147.67 stop loss at the level 147.88 target take profit at the level 147.04 or at the level 146.74

analysis for today 12 / 10 / 2014
EUR/JPY (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 147.59
Retracement (50%) 147.84
retracement (61,8%) 148.08

Extensions (61.8%) 145.52
Extensions (100.0%) 144.73
Extensions (138.2%) 143.94
Extensions (161.8%) 143.45
calculation based on a Fibonacci retracement then today I choose sell

eur/jpy To day support and resistance date11/12/2014
Resistance 1:147.60
Resistance 2:148.00
Resistance 3:148.35
Power pivot:147.35
Support 1:147.20
Support 2:146.90
Support 3:146.60
Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.

As you can see on the EURJPY chart the price is moving at a down channel to lead the price for downward direction through the upcoming hours.
Now the price hits the upper edge of donchain channel and I can say that a trades can be open by now targeting the south edge of the channel.
Stostatic by the way have a buy signal by having a bullish intersection near the 80 th level.
Finally a buy signal is shown on the awesome oscillator as you can see by having the bars below the 0 level and also the last bar is colored by green To make a clear decision from the previous givens the price have a better chance to head down till the low level of donchain channel but if you face the down edge of manually drawn channel then you have to close any selling trades and for more strength for your trades waiting for a sell signals from awesome oscillator and stostatic is preferred http://bigimage.cz/photos/20141211141827954651512.gif

The momentum indicator shows a clear cross on the EURJPY chart when the blue line heads above the red line to construct a very good buying signal for now.
On the Oracle Strength indicator a yellow color is shown and it is an indication for the bullish direction for the EURJPY pair.
The red color of the arrows can be a confirmation for the downward direction at the Oracle direction indicator.
As a result of the previous indicators the bullish trend would be appeared as the buy cross of the momentum indicator appears on the chart and the buy trades advised to be taken as the ATR indicator still showing a buy signals.
http://bigimage.cz/photos/20141211141827979161569.gif

We can see that the price of the EURJPY chart we can see that the price is moving above the EMA indicator wave to make a bullish direction during the day.
Also the RSI indicator shows a buy signal which shows by the line going above the center line of 35.
This can be combined with the data from the Macd indicator that is shown by the green lines that going down to indicate that the market bears bulls are dominating on the market for now.
I think that you should think in going for bulls until another sell until another below the wave of the EMA indicators .
http://bigimage.cz/photos/20141211141828033968696.gif